Tag: LSTAR
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London-area home sales, listing prices both increasing, new figures show
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After home sales jumped by nearly 30 per cent in January compared to the same month in 2023, the trend continued into February, along with an rebound in average home sales prices, newly released figures show.
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‘Correction mode’: Average London area home price off $210K from peak
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If you needed more proof London’s housing market is in full correction mode, the number of homes sold in November hit a 10-year low while the average selling price dropped for the ninth straight month. Only 451 homes were sold in November across the London area that includes Strathroy, St. Thomas and portions of Elgin…
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November real estate stats show London buyers have choices
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Average home sale prices in the London-area dropped slightly last month to $615,247.
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LSTAR says October home sales reach lowest point in decade
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Average home prices in the London-area went up slightly in October, but interest rate hikes have created a soft landing in the market.
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Recent interest rate hike keeps London-area real estate market tepid
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London and the surrounding area’s real estate market was fairly calm last month.
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London-area home sales take another fall in August
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The number of homes sold in London and the surrounding area took another fall last month.
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‘The taps kind of shut off’: London-area July home sales halved by higher interest rates
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London’s real estate market fell off a cliff in July, the number of homes sold down by nearly half compared to the same month a year ago before interest rates shot up and took the shine off a once red-hot market.
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Hot summer, cooler real estate market in July for London area
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It’s a promising sign for those looking to purchase a home in the London area.
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‘Tremendous fluctuations’: Average London home sale price takes huge one-month tumble
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In just one month, $76,000 was lopped off the average selling price of a London-area home – which works out to a whopping $2,500 per day.
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Local home prices fall again
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In a sign that the local housing market is cooling off, there was another drop in the average price of a home sold in the London area last month.